Business Services Industry
Universal Stainless Bids on Bankrupt Fort Wayne, Ind., Slater Steel Company.
Knight Ridder/Tribune Business News, February, 2004
By Lynne McKenna Frazier, The News-Sentinel, Fort Wayne, Ind. Knight Ridder/Tribune Business News
Feb. 5--FORT WAYNE -- A steelmaker committed to holding down costs while finding profitable, niche markets will bid for Slater Steel's Fort Wayne operations.
Universal Stainless Alloy Products Inc. of Bridgeville, Pa., became the second bidder to qualify for the Feb. 11 bankruptcy court auction by submitting a $3.19 million bid before Wednesday's deadline of 1 p.m. Arlington Capital, a Fort Wayne investment group, earlier had submitted a $3 million offer that has been accepted as the "stalking horse" bid, the minimum that would be accepted.
Slater Steel's Fort Wayne Specialty Alloys Division, which halted production in November, is to be...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
